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” ECB needs ‘globally coordinated regulatory action’ on crypto, says official “ European Central Bank executive board member Fabio Panetta said lawmakers across the world must decide how to regulate cryptocurrencies based on potential risks. In a written statement for a speech to Columbia University on Monday, Panetta said global policymakers had made some progress…
” The Central African Republic reportedly passes a bill to regulate crypto use “ The Central African Republic (CAR) has become the center of a hot buzz in the crypto world amid various reports of it adopting Bitcoin (BTC) quite similar to El Salvador. However, contrary to popular headlines, the African nation has not adopted…
” Kraken awarded crypto trading license in the United Arab Emirates “ Californian crypto exchange Kraken becomes the second virtual asset platform after Binance to receive regulatory approval to operate in the Abu Dhabi international financial center and free zone, Abu Dhabi Global Market (ADGM). In a CNBC interview, Kraken’s managing director Curtis Ting explains…
” NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds “ New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds related to virtual token distribution, misuse of private keys and hidden interests in crypto projects. The bill drafted…
” Here is why Germany is ranked the most crypto-friendly country “ In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. Germany has risen to the…
” Green finance needs voluntary carbon markets that work “ The United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland catalyzed a commitment to carbon neutrality, achieving net-zero carbon emissions, requiring reducing emissions as much as possible, and balancing the remaining emissions with the purchase of carbon credits. A carbon credit reduces, avoids…
” Macron or Le Pen: What promise does each presidential candidate hold for crypto? “ As France braces for the April 24 presidential election in a runoff, political pundits around the globe are making their bets. The choice is between the centrist incumbent Emmanuel Macron and right-wing populist Marine Le Pen. Much of the political…
” The new HM Treasury regulations: The good, the bad and the ugly “ As the 2021-2022 United Kingdom tax year finished on April 5, 2022, Her Majesty’s Treasury announced they were paving the way for the U.K. to become a global crypto asset technology hub. This could mean that the previously not particularly crypto-friendly…
” US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea “ The United States Treasury Department has added three Ethereum wallet addresses to sanctions allegedly linked to the hacker group responsible for the theft of more than $600 million in crypto from nonfungible token game Axie Infinity’s Ronin sidechain. In a Friday…
” Binance pushes back against report exchange supplied customer data to Russian government “ Major crypto exchange Binance challenged the accuracy of a report, which stated one of its regional heads agreed to supply Russia’s financial intelligence unit with customer data potentially related to donations for anti-corruption and anti-Putin activist Alexei Navalny. Reuters reported on…